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Gas Hydrates on Alaska's North Slope
The USGS estimates that there are 85.4 trillion cubic feet of undiscovered, technically recoverable gas from natural gas hydrates on the Alaskan North Slope. This is the first-ever resource estimate of technically recoverable natural gas hydrates in the world. This assessment shows that gas hydrate...
90 Billion Barrels of Oil and 1,670 Trillion Cubic Feet of Natural Gas Assessed in the Arctic
Today, the USGS released the first publicly available petroleum resource estimate of the entire area north of the Arctic Circle. This area has an estimated 90 billion barrels of undiscovered, technically recoverable oil, 1,670 trillion cubic feet of technically recoverable natural gas, and 44 billi...
3 to 4.3 Billion Barrels of Oil in North Dakota and Montana
The USGS has determined that the Bakken Formation, in North Dakota and Montana, has 25 times more technically recoverable oil than was estimated in the USGS's 1995 assessment. We sit down with USGS scientists Brenda Pierce and Rich Pollastro to learn more....